Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: The Federal Board of Revenue (FBR) has warned all the officers/officials of the Division to seek prior NOC/approval from the Establishment Division before applying for employment with international organizations.…
KARACHI: The Ministry of Finance (Revenue Division) has rationalize the sales tax on import and supply of mobile phones or satellite phones and shifted part burden of collecting sales tax…
KARACHI: The Revenue Division Ministry of Finance has lifter the condition of NTN holder to buy a motor directly from the manufacturer/assembler in Pakistan. The local assemblers/manufacturers of motor cars…
KARACHI: All the customs clearing agents have been advised to get freight memo from the importer and the same should be added in Freight on Board (FOB) value to ascertain…
KARACHI: The Federal Board of Revenue (FBR) has notified that in pursuance of Establishment Division notification No.31/02/2013-E-1, Ansar Javed, a BS-22 officer of Inland Revenue Services (IRS) has assumed the…
KARACHI: The law and order situation and security threats arising due to the long-march and sit-in episode of Dr. Tahir-ul-Qadri resulted in an approximately 50 percent decline in the revenue…
KARACHI: The Federal Board of Revenue (FBR) has notified that the income of Joint Ventures (JVs)/Association of Persons (AoP) in which one partner is a non-resident company, is neither exempt…
KARACHI: The roads linking the Custom House and Karachi Port were blocked by some miscreants on Wednesday in protest against Supreme Court of Pakistan order to arrest Prime Minister in…
KARACHI: The disparity between the revenues of telecom companies particularly the cellular service providers and deposit of withholding tax has compelled the Federal Board of Revenue (FBR) to consider assessment…
KARACHI: The Model Customs Collectorate has made it compulsory that all Goods Declarations (GD) submitted in the relevant appraising group for assessment/clearance shall be accompanied with original copy of the…
KARACHI: The customs authorities have seized a vehicles, which identified as smuggled from the possession of DIG police after a long confrontation between customs officials and Sindh police. Sources said…